What is the negative side effect on the money supply of a non-sterilized foreign exchange intervention?
A) A higher money supply eventually leads to lower inflation, and the foreign exchange objective of the central bank's policy may conflict with its abroad goal of price stability.
B) A higher money supply eventually leads to higher inflation, and the foreign exchange objective of the IMF's policy may conflict with its domestic goal of price stability.
C) A higher money supply eventually leads to lower inflation, and the foreign exchange objective of the central bank's policy may conflict with its domestic goal of price stability.
D) A higher money supply eventually leads to higher inflation, and the foreign exchange objective of the central bank's policy may conflict with its domestic goal of price stability.
Answer: D
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Which of the following is not identified by the text as a possible consideration in bridging the digital divide?
A. Technological developments B. Government policies to facilitate access C. Companies' efforts towards corporate philanthropy to facilitate access D. Efforts to enhance vulnerable population's willingness and ability to embrace technology in their lives E. All of the above are identified by the text as possible considerations in bridging the digital divide.
The present value of a $25,000 perpetuity at a 14 percent discount rate is ________
A) $178,571 B) $285,000 C) $350,000 D) $219,298